NQ Exploration Inc.: Debt Settlement
December 02 2013 - 12:53PM
Marketwired
NQ Exploration Inc.: Debt Settlement
LAVAL, QUEBEC--(Marketwired - Dec 2, 2013) - NQ Exploration Inc.
(the "Corporation") (TSX-VENTURE:NQE) today announced that, subject
to the approval of the TSX Venture Exchange, it intends to settle
$37,487.50 in outstanding indebtedness through the issuance to a
creditor of 749,750 common shares at a price of $ 0.05 per share
and 749,750 warrants, each warrant entitling to purchase one
additional common share for a five-year period (the "Debt
Settlement"). The shares issued under the Debt Settlement will be
subject to a hold period of four months and one day from the date
of issuance.
ABOUT NQ EXPLORATION INC.
NQ Exploration Inc. is a mining exploration company with a solid
portfolio of mining properties in the James Bay and Abitibi regions
of Quebec. NQ Exploration Inc. is betting on Quebec's excellent
mineral potential and favourable investment climate to produce new
world-class gold and base metal deposits.
Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
David GrondinPresident and Chief Executive Officer(514)
206-7727www.explorationnq.com
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